All Posts Tagged With: "BHI"
(BHI) Baker Hughes Unveils Advanced System
Oilfield services provider Baker Hughes (BHI) has launched a new wellbore clean-up and displacement system. This will be utilized to ensure equipment efficiency as well as minimum hazards while operating in...
(SLB) Schlumberger Limited to Take Over Framo
Schlumberger Limited (SLB) announced that it will acquire the remaining shares of Framo Engineering AS from Frank Mohn AS that gives a boost to its subsea footprint. The closing of the transaction is subject...
(BHI) U.S. Oil Drilling Rig Count Tops 1000
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily...
(BHI) Since Last Year, It’s Been Nothing But “Drill, Baby, Drill”
by David Fessler, Investment U Senior Analyst
Thursday, June 23, 2011
When...
(BHI) U.S. Oil Drilling Rig Count Goes Up
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This...
(HAL) Basic Energy Services and Key Energy Service Key to Oilfield Profits
It’s easy to think of energy companies in broad strokes. Either there are the big integrated firms, or there are hundreds of independent E&P firms, drillers, and refiners. But, of course, in between are lots of companies that specialize in providing services to...
(BHI) U.S. Oil Drilling Rig Count Edges Higher
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be...
(XLE) Stock Market News for June 10, 2011 – Market News
Finally, investors enjoyed some cheer as the markets broke their six-day losing streak buoyed by positive data on export levels and a shrinking trade deficit. While this report provided optimism about a recovery in the economy, job data once again failed to suggest any improvement....
(BP) World, U.S. Oil Production Rises in 2010
World oil production rebounded by 2.2% in 2010 to reach 82.095 million barrels per day (B/D), up from 80.278 million B/D in 2009, but virtually unchanged from 2008 levels. World oil consumption, though, increased by 3.1% to hit 87.382 million B/D.
Due to the inclusion...
(BHI) U.S. Drilling Rig Count Moves Up to 1854
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily...
(XLE) Stock Market News for June 6, 2011 – Market News
After four consecutive weeks of losses, investor hopes were dashed once again this week as weak economic data dragged the indices down to their fifth straight week of losses. On Friday, weak jobs data from the Labor department ensured that indices remained in the red, reflecting...
(BHI) Baker Hughes Reports Rig Increase – 1847 Domestic Rigs at Work
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting...
(BP) Making Money on Triple-Digit Oil
Wednesday trading action in crude oil saw the black gold stick its head above $100, which may be the least psychologically-significant round number out there since the people who do the trading are mostly professional speculators and energy companies who have lots of other...
(EIA) Stock Market News for May 26, 2011 – Market News
Investor sentiment gained strength as higher crude prices lifted the markets after three consecutive days of losses. Investors also negated weak economic reports amidst thin volumes and over 60% of the shares that are traded on the NYSE and Nasdaq closed in the green.
The...
(BHI) U.S. Oil Drilling Rig Count Holds Steady at 1830
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported an unchanged U.S. rig count (number of rigs searching for oil and gas in the country), as an increase in the...
(BHI) U.S. Drilling Activity Slips
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a...
(BHI) U.S. Oilfield Drilling Activity Slips
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a...
(BHI) U.S. Drilling Rig Use Rises by 18 Units
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting...
(ALKS) Stock Market News for May 10, 2011 – Market News
After suffering a slump last week, commodities made a strong comeback yesterday and lifted the benchmarks higher. Energy shares joined in on the uptrend as crude prices once again rose above $100 per barrel. Meanwhile fresh worries about Greece’s credit ratings partially...
(BHI) Baker Hughes First Quarter 2011 Shines
Baker Hughes Inc. (BHI) reported impressive first quarter 2011 results with a jump in per share profit based on strong international operations.
The company’s earnings came in at 87 cents per share,...
(BA) U.S. Federal Reserve in Focus Today
Investors will have a lot to digest today. In addition to earnings reports from a host of major companies, we got a solid March Durable Good report that was broadly inline with expectations
Beyond the U.S. shores, we got a lackluster GDP growth report from the U.K.,...
(BHI) U.S. Drilling Rig Count Touches 1,800
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting...
(BHI) U.S. Drilling Rig Count Snaps Winning Streak
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a...
(BHI) U.S. Drilling Rig Count: Up Another 6 Units
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting...
(HAL) Halliburton to Build Louisiana Unit
Leading oilfield service provider Halliburton (HAL) and Louisiana Economic Development (LED) have teamed up to construct a manufacturing unit in Lafayette, Louisiana. The cost of the plant...
(HPQ) Stock Market News for April 7, 2011 – Market News
Investors stayed away from making large bets as markets posted modest gains amidst low volumes. The technology sector was driven higher after Cisco’s chief executive said the company was implementing stricter methods to narrow its focus. Consequently, the broader market...
(BHI) U.S. Oil Drilling Rig Count Jumps
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting...
(BHI) U.S. Oil Drilling Rig Count Surges
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting...
(PCE) Stock Market News for March 29, 2011 – Market News
Domestic economic data could not support the indices’ upward momentum on Monday as markets snapped back to red in the final minutes, hurt by cautious corporate guidance and geopolitical tensions. Consumer spending edged ahead while inflation soared to hit new highs post...
(BHI) U.S. Weekly Rig Count Up by Eight Units
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily...